Please answer all. Thank you.

Question 1

The current ratio as of the end of year 5 was _________

Question 2

The current ratio as of the end of year 6 was _________

Question 3

Cash flow from operations to average current liabilities for year 5 was

. Express your answer as a decimal (not a percent). Include three digits to the right of the decimal point.

Question 4

Cash flow from operations to average current liabilities for year 6 was

Express your answer as a decimal (not a percent). Include three digits to the right of the decimal point.

Question 5

The long-term debt to equity ratio (at year end)as of the end of year 5 was _________ .

One digit to the right of the decimal point is enough.

Question 6

The long-term debt to equity ratio (at year end)as of the end of year 6 was _________

One digit to the right of the decimal point is enough.

Question 7

Total liabilities to total assets (at year end) as of the end of year 5 was _________

Express your answer as a decimal (not a percent). Include three digits to the right of the decimal point.

Question 8

Total liabilities to total assets (at year end) as of the end of year 6 was _________

Express your answer as a decimal (not a percent). Include three digits to the right of the decimal point.

Question 9 Cash flow from operations to average total liabilities for year 5 was

Express your answer as a decimal (not a percent). Include three digits to the right of the decimal point.

Question 10

Cash flow from operations to average total liabilities for year 6 was

Express your answer as a decimal (not a percent). Include three digits to the right of the decimal point.

Question 11

The interest coverage ratio (times interest earned) for year 5 was

One digit to the right of the decimal point is enough.

Question 12

The interest coverage ratio (times interest earned) for year 6 was

One digit to the right of the decimal point is enough

Question 13

Altman's Z-score for Payless Cashways for Year 5 was __________

Include two digits to the right of the decimal point.

Question 14

Altman's Z-score for Payless Cashways for Year 6 was __________

Include two digits to the right of the decimal point.

Payless Cashways operates a chain of retail stores that offers home improvement products for professional craftsmen (carpenters, plumbers, painters) as well as do-it- yourself homeowners. The firm filed for Chapter 11 bankruptcy protection on July 21, Year 7. The table presents selected financial data for Payless Cashways for each of the four fiscal years ending November 30, Year 3, Year 4 Year 5, and Year 6 that preceded its bankruptcy filing. Financial Data for Payless Cashways (amounts in thousands) Year Ended November: Sales Net Income (Loss) Before Interest and Taxes Interest Expense Net Income (Loss) Current Assets Total Assets Current Liabilities Long-term Debt TotalLiabilities Retained Earnings (Deficit) Working Capital Provided by Operations Cash Flow Provided by Operations Capital Expenditures Common Shares Outstanding Market Price per Share Year 6 $2,642,829 $10,458 $60,488 ($19,078) $450,497 $1,293,118 $319,593 $618,667 $1,003,387 ($238,997) $95,400 $32,447 $40,117 39,959 $1.125 Year 5 $2,680,186 ($60,562) $61,067 ($128,549) $442,679 $1,344,436 $344,279 $608,627 $1,036,273 ($219,919) $78,257 $108,428 $67,281 39,914 $3.625 Year 4 $2,722,539 $161,792 $65,571 $44,889 $449,870 $1,495,882 $310,742 $654,131 $1,060,017 ($91,370) $127,335 $117,330 $81,906 39,874 $8.250 Year 3 $2,601,003 $151,086 $125,247 ($36,159) $427,702 $1,458,481 $345,560 $640,127 $1,071,170 ($136,259) $96,411 $109,027 $49,982 39,537 $11.000